PwC pay gap explained

 The pay gap. In 2019, all businesses are well aware of the blatant difference between the average male and female salary. All across the world, the average for women tends to be lower than that of men, despite a significant rise of educated, strong women entering the workforce every year. 

PricewaterhouseCoopers, or PwC for short, is a diverse organization and one of the largest employers in the world. This big four company has been interested in looking more deeply into the statistics of Ireland that surround gender inequality. Recently, this firm came out with it’s own set of statistics, which vary significantly from those published in the past.  

PwC has reported that it has a pay gap of only 5.7pc in Ireland, which differs from the Ibec report that averaged the difference to be at 8.2pc. A partner at PwC Ireland spoke on the companies behalf, saying that the pay gap is due to the larger amount of male counterparts in higher ranked positions or higher paying jobs within the same company. Beyond this, she notes that there is little …

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Public and private sector pay gap shrinks

The pay gap between workers in the public and private sector has always been significant, especially in Ireland. This divide is not common in many other countries in the European Union, which is why Irish government officials and economists have been extremely diligent in tracking the changes over time. Although there is usually a difference, Ireland has in the past decade faced a 46pc inequality; this was at the peak. 

In general, the Irish public sector has proven to be paying more and growing quicker than the private sector. This is interesting, given that the public sector is owned and operated by or within the federal, county or local governments.

 The private sector is companies that have no governmental ties, and allow the privately owned establishments to set their own wages; some examples of this are corporations, both in not for profit and profit, and partnerships. 

The Central Statistics Office reported in 2018 that state workers on average earned around €947 a week, which at the end of the year would total just around €49,390. People doing similar jobs in …

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